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Treasury Secretary Janet Yellen calls Republican plan to prioritize payments default by another name amid debt ceiling fight

Por: CBS News Politics March 10, 2023

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The way to ensure the government can keep paying its bills is to raise or suspend the debt limit, Treasury Secretary Janet Yellen told lawmakers Friday — not prioritize payments, as some Republicans have proposed.In my assessment and those of economists across the board, a default on our debt would trigger an economic and financial catastrophe, Yellen said. I urge all members of Congress to come together to address the debt limit without... + full article



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